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Business Standard
07-07-2025
- Business
- Business Standard
FMCG shares in focus; HUL, Dabur, Bajaj Consumer rally up to 8%; here's why
Fast moving consumer goods (FMCG) stock price today Shares of fast moving consumer goods (FMCG) companies were in focus today, with the BSE FMCG index gaining 1 per cent in an otherwise subdued market as the sector witnessed uptick in volumes and sequentially recovery in demand particularly in urban markets. Bajaj Consumer Care, Godrej Consumer Products, Dabur India, Jyothy Labs and Hindustan Unilever (HUL) were trading higher in the range of 2 per cent to 8 per cent in intra-day trade. Colgate-Palmolive, Emami, Marico, Britannia Industries and ITC were up 1 per cent each. At 10:27 AM; the BSE FMCG index, the top gainer among sectoral indices, was up 1.1 per cent, as compared to 0.09 per cent decline in the BSE Sensex. However, thus far in the calendar year 2025, FMCG index has underperformed the market by falling 2.2 per cent, as against 6.2 per cent rally in the benchmark index. Track Stock Market LIVE Updates Improvement in business performance Dabur India said during the April - June quarter (Q1FY26), the Indian FMCG sector witnessed a sequential recovery in demand with uptick in volume growth particularly in urban markets. With the refreshed strategic vision and favourable macroeconomic conditions such as above average monsoon, good agricultural output, easing inflation and consumption-focused government measures, Dabur India's management expects revenue growth to regain momentum and trend higher in the coming quarters. Godrej Consumer Products' management has maintained its stance of sequential improvement in the performance. For FY26 it expects high single-digit revenue growth with mid-to-high single digit volume growth on a standalone basis and double digit EBIDTA growth (with margins expected to improve in H2FY26). ICICI Securities expects soap sales volume to recover in H2FY26 with base getting normalised. India business is recovering and Africa is performing well post restructuring. The company has to revamp its strategy of Indonesia business to revive growth. Meanwhile, domestic beverage business will be a drag on Dabur's Q1FY26 performance. Improved rural demand and uptick in urban demand augurs well for the sector and recovery in Dabur's performance in the coming years. However, rising competition in some of the categories such as beverages, home care and oral care will keep a check on the recovery and the profitability in the coming quarters, the brokerage firm said in a note. Elara Capital view on FMCG sector FMCG demand remained steady in Q1FY26, though weak urban consumption and an early monsoon impacted summer-centric categories such as beverages and cooling products (hair oil and talc). A few companies are expected to benefit from pricing-led growth, particularly in essentials such as tea, biscuits, and oils, while others may face pressure due to weak summer sales and increased competition in oral care. Higher input costs are likely to weigh on margins, with most companies expected to report a contraction in profitability. Marico, Tata Consumer Products, Mrs. Bectors Food, and Britannia are likely to post double-digit revenue growth, driven largely by pricing in categories such as coconut oil, edible oil, tea, salt, and biscuits. Marico and Britannia are expected to deliver above-average volume growth, while Colgate, Emami, Dabur, and Varun Beverages may report a decline/flat growth in volume, impacted by weakness in the summer portfolio and heightened competitive intensity in toothpaste for Colgate, Elara Capital said in its Q1FY26 preview.
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Business Standard
19-05-2025
- Business
- Business Standard
Stock Market LIVE: GIFT Nifty signals flat open for Sensex, Nifty; Asia dips on Moody's US downgrade
Sensex today | Stock Market LIVE on Monday, May 19, 2025: At 6:40 AM, GIFT Nifty futures were trading 7 points lower at 25,071, suggesting a flat to negative start for the markets. 8:07 AM Stock Market LIVE Updates: Inox Green signs agreements for O&M of 285 MWp of solar projects Stock Market LIVE Updates: Inox Green Energy Services Ltd., India's leading renewables operations and maintenance (O&M) service provider, announced today that the company has entered into agreements to provide O&M services for 285 MWp of solar projects of two of India's leading renewable energy companies. The projects are located across multiple sites which are owned by the said companies. With this agreement, Inox Green's solar O&M portfolio has grown to ~ 1 GW within a month of entering into this segment. SK Mathu Sudhana, CEO of Inox Green, said, "We continue to rapidly add solar assets to our portfolio under O&M and we are delighted to announce that we have secured additional 285 MWp across multiple sites. As developers across India continue to add multi-gigawatt solar capacities every month, we believe that through our expertise, credentials and tailor-made solutions for solar project O&M, we are well-placed grow rapidly in this segment.' 8:05 AM Stock Market LIVE Updates: Paint major Berger's palette finds contrast in a washed-out quarter Stock Market LIVE Updates: Listed paint companies delivered another subdued performance in the January–March quarter (Q4) of FY25, with average revenue growth coming in at under 3 per cent. The overall numbers were dragged down by Asian Paints — the industry leader — which was the only major player to report a year-on-year (Y-o-Y) decline. Excluding Asian Paints, the rest of the sector posted a modest 5 per cent growth. Top paint stocks have continued to underperform benchmark indices and sectoral peers such as the BSE FMCG and BSE Consumer Discretionary indices over periods ranging from three months to two years. Brokerages remain cautious on the sector, citing muted demand and growing competitive pressures. READ MORE 8:00 AM Stock Market LIVE Updates: AIFs push to flip the switch on regulatory static to ease fund flows Stock Market LIVE Updates: The alternative investment fund (AIF) industry has urged the market regulator to create an inter-regulatory platform where all stakeholders, including regulators such as the Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (Irdai), can be onboarded to help address operational hurdles in domestic capital formation. The Indian Venture and Alternate Capital Association (IVCA) made the request during a meeting with Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey last week, citing Sebi's role as the principal overseer of the industry. READ MORE 7:55 AM Stock Market LIVE Updates: Street Signs: Markets stretch their legs, May 12's phantom rally, and more Stock Market LIVE Updates: The Nifty benchmark jumped more than 1,000 points (4.2 per cent) last week, gussied up by positive developments, including the Pakistan ceasefire 'understanding', renewed hope for a US trade deal, and expectations of further Reserve Bank of India interest rate cuts. The 50-share index closed at 25,020, positioning itself for a possible advance towards 25,500. Technical analysts see last week's gains and broad sector support as signs of a bullish trend. Key indicators include the relative strength index staying above 60 and India Vix dropping nearly 23 per cent to 16.55. READ MORE 7:50 AM Stock Market LIVE Updates: RBI seeks govt nod for bigger contingent risk buffer band after ECF review Stock Market LIVE Updates: The Reserve Bank of India's (RBI's) central board, which met las week and reviewed the economic capital framework (ECF), has sought the government's approval to expand the range of the contingent risk buffer (CRB), multiple sources aware of the development told Business Standard. The buffer is at 5.5-6.5 per cent of the RBI's balance sheet, which is in accordance with the recommendations of the Bimal Jalan committee. READ MORE 7:47 AM Stock Market LIVE Updates: Raise, fold, and repeat: Promoters play a tense Q4 hand, shows data Stock Market LIVE Updates: Max Financial Services, Ashok Leyland, Easy Trip Planners, and Kalyan Jewellers India saw the highest increases in promoter share pledging during the January–March quarter of FY25, according to a report by Kotak Institutional Equities (KIE). On the other hand, companies such as Aster DM Healthcare, GMR Airports, and Swan Energy reported a reduction in pledged promoter shares. Overall, promoter pledging inched up slightly to 0.86 per cent in the January–March period, compared to 0.84 per cent in the previous quarter (October–December FY25). A total of 69 companies had some level of promoter share pledging, with the total pledged value amounting to ₹1.57 trillion — representing just 0.43 per cent of the BSE 500's market capitalisation. READ MORE 7:43 AM Stock Market LIVE Updates: Gold price falls ₹10 to ₹95,120; silver down ₹100, trades at ₹96,900 Stock Market LIVE Updates: The price of 24-carat gold fell ₹10 in early trade on Monday, with ten grams of the precious metal trading at ₹95,120 according to the GoodReturns website. The price of silver fell ₹100, with one kilogram of the precious metal selling at ₹96,900. The price of 22-carat gold fell ₹10, with ten grams of the yellow metal selling at ₹87,190. The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹95,120. In Delhi, the price of ten grams of 24-carat gold stood at ₹95,270. READ MORE 7:34 AM Stock Market LIVE Updates: Semicon 2.0: India eyes 5% slice of global semiconductor chip pie by 2030 Stock Market LIVE Updates: The central government is targeting a 5 per cent share of global semiconductor chip production by 2030 as it prepares to launch the next phase of the India Semiconductor Mission, dubbed Semicon 2.0. This comes alongside the rollout of disbursements from the previously announced $10 billion incentive package aimed at attracting semiconductor fabrication (fab) units, as well as Outsourced Semiconductor Assembly and Test (OSAT) and Assembly, Testing, Marking, and Packaging (ATMP) companies. Under the scheme, five projects have already qualified for support, marking a significant step forward in India's ambitions to become a key player in the global semiconductor ecosystem. READ MORE 7:33 AM Stock Market LIVE Updates: US-China tariff truce: Indian shippers see cargo rush, freight rates surge Stock Market LIVE Updates: After the United States (US) administration announced a 90-day pause on the tariff war with China last week, Indian shippers are facing the risk of being caught in disruption in global supply chains because Chinese goods are seeing an evacuation rush. 'The US-China announcement on the temporary lowering of tariffs fired the starting gun for shippers to rush as many imports as they can during the 90-day window of opportunity. READ MORE 7:30 AM Stock Market LIVE Updates: Slew of PSU stake sales soon; govt plans to divest 6.5% in LIC in tranches Stock Market LIVE Updates: The government plans to divest a 6.5 per cent stake in Life Insurance Corporation (LIC) of India over the next 24 months through multiple tranches, as part of a broader strategy to initiate a series of share sales in central public-sector enterprises (CPSEs) during the current financial year. The move aims to help these firms meet the minimum public shareholding (MPS) norms set by the stock market regulator. 'We will adopt a strategy of regular offers for sale (OFS) in smaller tranches this year. This serves as a forward guidance for small investors to stay alert for these opportunities,' said Arunish Chawla, Secretary of the Department of Investment and Public Asset Management (DIPAM), in an interview with Business Standard. Although most CPSEs now comply with the MPS rule requiring at least 25 per cent public shareholding in listed companies, some entities in sectors such as defence, railways, and finance still fall short. 'We are actively pursuing their disinvestment, and we hope to bring them in line with MPS norms within the next year,' Chawla added. READ MORE 7:29 AM Stock Market LIVE Updates: India will stay the top market for 20 more years, says Vikas Khemani Stock Market LIVE Updates: Foreign flows to Indian stock markets have started to trickle in as geopolitical developments back home and US tariff-related fears have abated. Vikas Khemani, founder, Carnelian Asset Management, tells Business Standar d that global investors are significantly underweight on India, and that this will change over the next five to 10 years. He expects India's equity weight in major global fund allocations to increase over the next decade, which could result in an inflow of $1.5 trillion — a substantial figure given India's current market capitalisation of $5 trillion. READ MORE 7:25 AM Stock Market LIVE Updates: Stock tips, May 19: Concor, TVS Motor among top bets suggested by analyst Stock Market LIVE Updates: CONCOR has shown impressive growth, surging over 12 percent in the past trading week. This surge has been accompanied by an increase in average trading volumes, which suggests that market interest is building and points to the possibility of a reversal in its trend. Also, the stock has surpassed its 100 DEMA after a long period. Additionally, the MACD line signifies a positive crossover near its zero line, adding a bullish quotient. Overall, these technical indicators suggest that CONCOR may be entering a period of sustained growth, making it an intriguing option for those looking to invest. READ MORE 7:24 AM Stock Market LIVE Updates: Moody's downgrade of US rating may not dent stock markets much: Analysts Stock Market LIVE Updates: Analysts believe that global financial markets are unlikely to react strongly to Moody's downgrade of the United States' credit rating from AAA to Aa1, aside from a possible short-term, knee-jerk response. On the domestic front, Indian stock markets are expected to remain more focused on local factors such as the progress of the monsoon, corporate earnings, and key economic data. Ongoing discussions around tariff-related issues with the US will also play a role in shaping market sentiment. Experts noted that Moody's decision appears aimed at aligning its rating with those of Fitch and S&P, which had already downgraded US credit in earlier years. Fitch lowered its rating to AA+ in August 2023, while S&P made a similar move back in August 2011. READ MORE 7:23 AM Stock Market LIVE Updates: America loses last AAA credit rating: What happened and what it means Connect with us on WhatsApp
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Business Standard
18-05-2025
- Business
- Business Standard
Paint major Berger's palette finds contrast in a washed-out quarter
Few stay in frame as soft sales and rising competition blur the outlook canvas Ram Prasad Sahu Mumbai Listen to This Article Listed paint majors posted another lacklustre showing in the January–March quarter (Q4) of 2024–25 (FY25), with average revenue growth under 3 per cent. Sales were weighed down by Asian Paints — the market leader and the only major to report a year-on-year (Y-o-Y) decline. Excluding Asian Paints, the rest of the sector managed 5 per cent growth. Top paint stocks have consistently lagged behind benchmark indices and sectoral peers (BSE FMCG and BSE Consumer Discretionary) across time frames from three months to two years. Brokerages remain wary, citing weak demand and intensifying competition. Despite these headwinds, paint stocks are still
